Every industry, every possible company, each employee is a potential target. Cybersecurity studies, like Ventures predict cybercrime will cost the world in excess of $6 trillion annually by 2021. Yet, despite such efforts, like spreading awareness through national cybersecurity campaigns, many organizations and top business leaders are falling behind the curve when it comes to the understanding of cyber risks.

The digital age has ushered new ways to think about privacy issues and any business that uses information and communications technologies (ICTs) and the internet to process, store, communicate, and share data can no longer ignore the risk of data breaches, privacy violations, hacking and other cybersecurity concerns. Indeed, cyber risks affect all industries and markets and can represent an existential threat, especially to smaller companies that have limited resources and have built their business around one line of products or services.

Today, cyber risks affects all industries and markets and can represent an existential threat, especially to smaller companies that have limited resources and have built their business around one line of products or services.